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~institution:"Birkbeck College / Department of Economics"
~institution:"EconWPA"
~institution:"Institute for Fiscal Studies"
~institution:"National Bureau of Economic Research"
~person:"Diebold, Francis X."
~subject:"Aktiengesellschaft"
~subject:"Economic dynamics"
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Dynamic Equilibrium Economies : A Framework for Comparing Models and Data
Diebold, Francis X.
-
1995
Many recent theoretical papers have come under attack for modeling prices as Geometric Brownian Motion. This process can diverge over time, implying that firms facing this price process can earn infinite profits. We explore the significance of this attack and contrast investment under Geometric...
Persistent link: https://www.econbiz.de/10012473890
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Estimating Global Bank Network Connectedness
Demirer, Mert
-
2017
the world's top 150 banks, 2003-2014. We characterize static network connectedness using full-sample
estimation
and … dynamic network connectedness using rolling-window
estimation
. Statically, we find that global bank equity connectedness has a …
Persistent link: https://www.econbiz.de/10012455541
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